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Europe

UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania

The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […]

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Chemours to Invest $200 Million in Hydrogen Tech Solutions

Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy.  Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […]

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MG Motor India Elevates ZS EV Excite Model with New Interior Colours

Recently, MG Motor India revealed that its brand-new ZS EV Excite model will have dual-tone signature ivory interiors. Today onward (October 3, 2022) the reservations for the brand-new ZS EV Excite will open. With more than 75 connected features and the largest in-segment 50.3kWh battery with globally recognized quality standards (ASIL-D, IP69K, & UL2580), the […]

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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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PV Installs Explode Despite Obstacles, Jump 87 GW

Despite ongoing price increases on polysilicon and other commodities, rising costs, sanctions against China for using Uyghur forced labor to produce solar panels, not to mention the US Department of Commerce block in early 2022 due to antidumping accusations in Southeast Asia, solar installations are likely to increase by 38% year over year. This is […]

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US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK

US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […]

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Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction

In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […]

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Now Germany Adopts New Model For its Renewable Energy Tenders

Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches.  […]

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